Basque Company acquires all of Dunham Company's assets and liabilities for cash on January 1, 2018.
Dunham company is formally dissolved after the acquisition. At the acquisition date,
the following book and fair values were available for the Dunham Company accounts:
		Book	Fair
		Values	Values
Current assets		60,000	60,000
Building		90,000	80,000
Land		10,000	30,000
Trademark			15,000
Goodwill		15,000	?
Accounts Payable		(10,000)	(10,000)
Other Liabilities		(30,000)	(20,000)
Common Stock		(100,000)
Retained Earnings		(35,000)
Prepare Basque's entry to record its acquisition of Dunham assuming the following cash purchase amounts:
A. $175,000
B . $125,000